Radian Mortgage Insurance Now Available Through Nexsys Clear Path®
August 22 2017 - 06:30AM
Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc., (NYSE: RDN), now offers Radian MI directly
through the Nexsys Clear Path platform.
Nexsys Technologies®, a company founded to create and deliver
innovative solutions for smarter lending processes, works with
mortgage lenders and service providers in real-time through their
Nexsys Clear Path platform to manage order allocations and
calculate settlement services, while providing a secure,
transparent, and interactive interface for Radian customers to
receive a Radian rate quote instantly.
“At Radian, we are continually working to make it easier for our
customers to do business,” said Brien McMahon, Radian’s chief
franchise officer. “This integration makes it easier, quicker, and
safer for lenders across all platforms to order Radian MI through
the Nexsys Clear Path platform, giving them an additional way to
stay compliant and competitive.”
“Our partnership with Radian helps us continue to deliver value
to our clients nationwide,” said Michael Lyon, EVP at Nexsys
Technologies. “The intuitive and easy-to-use Radian interface via
the Nexsys Clear Path platform enables timely and accurate delivery
of information to better meet the demands of mortgage lenders.”
ABOUT RADIAN
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia,
provides private mortgage insurance, risk management products and
real estate services to financial institutions. Radian offers
products and services through two business segments:
- Mortgage Insurance, through its
principal mortgage insurance subsidiary Radian Guaranty Inc. This
private mortgage insurance protects lenders from default-related
losses, facilitates the sale of low-downpayment mortgages in the
secondary market and enables homebuyers to purchase homes more
quickly with downpayments less than 20%.
- Mortgage and Real Estate
Services, through its principal services subsidiary Clayton, as
well as Green River Capital, Red Bell Real Estate and ValuAmerica.
These solutions include information and services that financial
institutions, investors and government entities use to evaluate,
acquire, securitize, service and monitor loans and asset-backed
securities.
Additional information may be found at www.radian.biz.
ABOUT NEXSYS TECHNOLOGIES
Nexsys Technologies was established in 2015 to meet the mortgage
industry’s demand for a real-time transaction management platform.
That platform, Nexsys Clear Path, is the evolution of provider
management. As a real-time solution for the management of
mortgage-related transactions, orders, provider performance, and
service allocations, the Nexsys Clear Path platform is one system
to collaborate with thousands of service providers seamlessly,
which is critical in the changing regulatory environment.
The Nexsys Clear Path platform operates through a suite of
interactive tools that include: Mission Control, which manages
order allocations in real-time; Fee Point, to dynamically calculate
settlement services and governmental fees; and Metrix, for
visibility into order and provider performance. This flexible
platform is accessible anywhere through a simple system-to-system
integration or secure Web portal. The system is fully customizable
and reporting is made easy by automatically formatting for your
desktop, email or mobile. Nexsys Clear Path clients also gain
access to the full service provider network. For more information
on Nexsys Technologies and all that we have to offer, please visit
https://www.nexsysdatasolutions.com/.
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version on businesswire.com: http://www.businesswire.com/news/home/20170822005177/en/
Radian Group Inc.Emily Riley,
215-231-1035emily.riley@radian.biz
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